What is an affiliate, and how does it help create sales?
An affiliate is a term used to refer to second party marketers. These are marketers who do not officially work for a company but are paid based on the number of customers that they can generate for the company in question. Affiliates have become an extremely useful asset to companies looking to increase sales and sensitive the public on new products.
Recent data has shown that searches for affiliate marketing have risen by 30 percent between 2016 and 2017. The most attractive feature of affiliates is low-risk high-profit returns. The relevant question then becomes how does an affiliate help create sales for companies?
Affiliate marketing has become more relevant in recent times as large companies realize that the future of marketing is the internet. More and more people prefer to shop online from their phones rather than go out into physical stores to shop. To understand affiliate programs better let’s … Read more